Maverick Trading Reviews

Pros

Good work environment and learning opportunities.

Cons

Short time and a lot of complexity.

Pros

I've been in the business for a while and spent time on a few trading desks in NY/NJ and a few prop firms. This is the one with the most flexibility and you can trade just about every product. For people that trade everything, this is the only prop firm that will allow you futures, options, currencies, etc

Cons

Upfront costs are high but earnings and bonuses made up for more than the upfront costs

Pros

they teach you how to trade.

Cons

takes time to get up and running

Pros

flexibility, lots of money, and great experience

Cons

long work weeks and tiring

Pros

Great Educational platform for being online base

Cons

They should do live trade analysis in market

Pros

Top notch training program and trader support. Everything one needs in order to be successful in the difficult world of trading. I cannot believe a prop firm like this exists. They will help you in every way possible in reaching your goals to become a professional trader.

Cons

None that I can think of. Trading success is largely dependent on you. The start up fees can be a little high, but for what you get in return it is completely worth it.

Pros

None - the new CEO is driving this business into the ground. I give it 3 more years.

Cons

Every aspect of what the company "does for its traders" now is focused on getting us to the combine where Maverick just lets us churn. There is no quality, hands-on coaching which makes it nearly impossible to pass the combine. I, along with a dozen other traders lose on trades, get our accounts frozen, have to replenish the account with our own funds, and try again. But remember, we haven't been coached. So wash, rinse, repeat. And all the while, $200 per month.

Pros

Great training and support from the firm. Took a leap of faith and wasn't disappointed. Training was top notch with lots of back testing and was approved for live trading. Signed the paperwork and funded account with Interactive Brokers and on my second month of live trading. Will update in the future but up to this point, everything has been delivered as promised

Cons

wish there was the ability to trade through TOS

Pros

Good place for learning essential things about trading.

Cons

Management seems too overwhelmed to bother thinking about their staff. There's no transparency. Everything they can do is pushing you to trade and pay more fees. On the other hand, there's good potential, but also a chance you'll lose much. You must excel from the very beginning in order to make money.

Pros

They teach you some stuff about trading

Cons

This company is structured to suck as much money out of you as quickly as possible before you realize how badly you're getting screwed. You have to pay $6,000 (non-refundable) to join. They prey on people's ignorance by showing profit sharing charts and claiming that the high pay wall is just how the industry works. Once you join and pay that six grand, they just made a minimum of six grand off of you. The only way you get it back is if you make the company another $6,000 through your trading. Which you are fighting an uphill battle to do with the outrageous $199/mo desk fee (while using your own desk and internet). Their training program is long and complex, designed to take the maximum time possible because you're paying during the whole thing. The worst part is they don't let you trade your own strategy. I went in with an idea of what I wanted to do (well within their risk parameters) and they told me I couldn't and to trade a different strategy that I wasn't familiar or comfortable with. Well if it was that good of a strategy, then what incentive do they have to hire novices to do it? A real company would allow good traders to use their own strategy to make money. But this company is not about the trading, they want the fees. Stay far away and just trade with your own money.